PUERTO RICO Non-Resident Licensing for Individuals

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State Announcements

Posted 9/20/2016

Puerto Rico application processing may be delayed due to temporarily closing of the Office of the Commissioner of Insurance for severe weather conditions.

Primary Rules (Individual)

Response Question
Yes Accepts initial license for individuals electronically.
Yes Accepts major lines of authority.
Yes Accepts limited lines of authority.
Yes Accepts surplus lines for individuals.
Yes Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reinstate/reapply through NIPR's Non-Resident License (NRL) Application.
Yes License printing available electronically.

License Printing

To print your license, click the state on NIPR's Producer Licensing Map.

Business Rules (Individual)

Applicant must be at least eighteen (18) years old or older as determined from the applicant's date of birth.

Applicants that answer “No” to question, “Are you a US Citizen?” must send proof of legal work authority to the state.

Applicant must use Non-Resident Renewal (NRR) application until thirty (30) days past expiration date. Five (5) years after expiration, applicant must reapply as new.

Applicants with serious RIRS actions or SAD actions applications will be deferred to the state for review.

Applicant applying for insurance producer with agricultural, marine and transportation, surety, and/or vehicle lines of authority (LOAs) must actively hold insurance producer property and casualty LOAs or be applying for property and casualty at the same time.

Applicant applying for variable must hold an active life LOA or be applying for life simultaneously within the same license class.

Authorized person may not be held simultaneously with any license type outside of attorney-in-fact.

Authorized persons must be a Designated Responsible Licensed Producer (DRLP) of a business entity.

Applicant applying for authorized representative must have an appointment with an insurer for this license to become valid. Please be sure to submit application for appointment once the license is approved and is displaying the Producer Database (PDB). If the license is not displaying the PDB, the appointment will be declined.

Independent adjusters and public adjusters may not hold any other license type concurrently.

Surplus lines broker applicants must hold an active insurance producer or authorized representative and have $25,000.00 bond. Applications will be deferred to state for verification.

Applicants with a resident license in Guam are unable to apply electronically for Puerto Rico licenses. Please contact Puerto Rico directly to apply for a license or amend.

Suspended and revoked licenses in any state must contact Puerto Rico directly to apply for a license or amend.

If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.

State Offerings (Individual)

Please note that license class names can vary by state.

License Class Line of Authority (LOA) Major/Limited/Other *
Insurance Producer Life Major
Insurance Producer Health Services Major
Insurance Producer Property Major
Insurance Producer Casualty Major
Insurance Producer Property & Casualty Major
Insurance Producer Variables Major
Insurance Producer Surety Limited
Insurance Producer Agricultural Other
Insurance Producer Fraternal Life Other
Insurance Producer Disability Other
Insurance Producer Marine & Transportation Other
Insurance Producer Title Other
Insurance Producer Malpractice Other
Insurance Producer Reinsurance Other
Insurance Producer Vehicle Other
Authorized Person Agricultural Other
Authorized Person Vehicle Other
Authorized Person Reinsurance Other
Authorized Person Automobile & Accidents Other
Authorized Person Disability Other
Authorized Person Fraternal Life Other
Authorized Person Health Services Other
Authorized Person Life Other
Authorized Person Marine & Transportation Other
Authorized Person Marine, Transportation, Fire & Allied Lines Other
Authorized Person Property Other
Authorized Person Casualty Other
Authorized Person Property & Casualty Other
Authorized Person Surety Other
Authorized Person Title Other
Authorized Person Variables Other
Authorized Person Viatical Settlements Other
Authorized Representative Disability Other
Authorized Representative Fraternal Life Other
Authorized Representative Health Services Other
Authorized Representative Life Other
Authorized Representative Malpractice Other
Authorized Representative Property & Casualty Other
Authorized Representative Title Other
Authorized Representative Variables Other
Authorized Representative Reinsurance Other
Reinsurance Intermediary Manager Reinsurance Other
Reinsurance Intermediary Producer Reinsurance Other
Surplus Lines Broker None Other
Viatical Settlements Broker None Other
Viatical Settlements Investment Agent Viatical Settlements Investment Agent Other

* Applications for Other lines of authority will defer to state for approval.

License Fees (Individual)

Fees shown are state fees only. These fees do not include NIPR transaction fees.

License Class / LOA Combination Fee * Reinstatement Fee * Amendment Fee *
Insurance Producer / All LOAs $1,682.00 $1,682.00 $0.00
Authorized Person / All LOAs $0.00

Fee is paid by affiliated business entity.

$0.00

Fee is paid by affiliated business entity.

$0.00
Authorized Representative / All LOAs $1,682.00 $1,682.00 $0.00
Surplus Lines Broker / None $1,050.00 $1,050.00 $0.00
Reinsurance Intermediary Manager $1,662.00 $1,662.00 $0.00
Reinsurance Intermediary Producer $1,662.00 $1,662.00 $0.00
Viatical Settlements Broker / None $1,682.00 $1,682.00 $0.00
Viatical Settlements Investments Agent / Viatical Settlements Investments Agent $1,682.00 $1,682.00 $0.00

* Per application.

Contacts

Last Update: 9/08/2017

PUERTO RICO Non-Resident Licensing for Business Entities

APPLY HERE

State Announcements

Posted 9/20/2016

Puerto Rico application processing may be delayed due to temporarily closing of the Office of the Commissioner of Insurance for severe weather conditions.

Primary Rules (Business Entity)

Response Question
Yes Accepts initial license for business entities electronically.
Yes Accepts major lines of authority.
Yes Accepts limited lines of authority.
Yes Accepts surplus lines for business entities.
Yes Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reinstate/reapply through NIPR's Non-Resident License (NRL) Application.
Yes License printing available electronically.

License Printing

To print your license, click the state on NIPR's Producer Licensing Map.

Business Rules (Business Entity)

Business entities must be registered with the Secretary of State prior to becoming licensed in Puerto Rico. Applications will be deferred to the state for verification.

Applicants with serious RIRS actions or SAD actions applications will be deferred to the state for review.

Applicant applying for authorized person license type requires and must list one affiliation. More than one (1) affiliation is not permitted.

Surplus lines broker applicants must hold an active insurance producer or authorized representative and have $25,000.00 bond. Applications will be deferred to state for verification.

Applicants requesting line of authority (LOA) of malpractice must list a Designated Responsible Licensed Producer (DRLP) that holds and active authorized person with casualty LOA in Puerto Rico.

Independent adjusters and public adjusters may not hold any other license type concurrently.

Applicants with a resident license in Guam are unable to apply electronically for Puerto Rico licenses. Please contact Puerto Rico directly to apply for a license or amend.

Suspended and revoked licenses in any state must contact Puerto Rico directly to apply for a license or amend.

Business entity amendments will be reviewed by Puerto Rico. Please note that although fees for business entity amendments are collected by Puerto Rico and not NIPR, there will be a NIPR fee assessed for your electronic transaction. The application will be pending until Puerto Rico has received all fees. Please contact the state with any questions.

If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.

State Offerings (Business Entity)

License Class Line of Authority (LOA) Major/Limited/Other * DRLP Required
Insurance Producer Life Major Yes
Insurance Producer Health Services Major Yes
Insurance Producer Property Major Yes
Insurance Producer Casualty Major Yes
Insurance Producer Property & Casualty Major Yes
Insurance Producer Variables Major Yes
Insurance Producer Surety Limited Yes
Insurance Producer Agricultural Other Yes
Insurance Producer Fraternal Life Other Yes
Insurance Producer Disability Other Yes
Insurance Producer Marine & Transportation Other Yes
Insurance Producer Title Other Yes
Insurance Producer Malpractice Other Yes
Insurance Producer Reinsurance Other Yes
Insurance Producer Vehicle Other Yes
Authorized Representative Disability Other Yes
Authorized Representative Fraternal Life Other Yes
Authorized Representative Health Services Other Yes
Authorized Representative Life Other Yes
Authorized Representative Malpractice Other Yes
Authorized Representative Property & Casualty Other Yes
Authorized Representative Title Other Yes
Authorized Representative Variables Other Yes
Authorized Representative Reinsurance Other Yes
Independent Adjuster Automobile & Accidents Other Yes
Independent Adjuster Marine, Transportation, Fire & Allied Lines Other Yes
Public Adjuster Automobile & Accidents Other Yes
Public Adjuster Marine, Transportation, Fire & Allied Lines Other Yes
Reinsurance Intermediary Manager Reinsurance Other Yes
Reinsurance Intermediary Producer Reinsurance Other Yes
Surplus Lines Broker None Other Yes
Viatical Settlements Broker None Other No
Viatical Settlements Investment Agent Viatical Settlements Investment Agent Other No

* Applications for Other lines of authority will defer to state for approval.

License Fees (Business Entity)

Fees shown are state fees only. These fees do not include NIPR transaction fees.

License Class / LOA Combination Fee * Reinstatement Fee * Amendment Fee *
Insurance Producer / All LOAs $1,682.00 for 1-3 DRLPs
$1682.00 for each additional DRLP
$1,682.00 for 1-3 DRLPs
$1682.00 for each additional DRLP
$0.00
Authorized Representative / All LOAs $1,682.00 for 1-3 DRLPs
$1682.00 for each additional DRLP
$1,682.00 for 1-3 DRLPs
$1682.00 for each additional DRLP
$0.00
Independent Adjuster / All LOAs $420.00 per DRLP $420.00 per DRLP $0.00
Public Adjuster / All LOAs $420.00 per DRLP $420.00 per DRLP $0.00
Reinsurance Intermediary Manager $1,662.00 for 1-3 DRLPs
$1,662.00 for each additional DRLP
$1,662.00 for 1-3 DRLPs
$1,662.00 for each additional DRLP
$0.00
Reinsurance Intermediary Producer $1,662.00 for 1-3 DRLPs
$1,662.00 for each additional DRLP
$1,662.00 for 1-3 DRLPs
$1,662.00 for each additional DRLP
$0.00
Surplus Lines Broker $1,050.00 for 1-3 DRLPs
$1,050.00 for each additional DRLP
$1,050.00 for 1-3 DRLPs
$1,050.00 for each additional DRLP
$0.00
Viatical Settlements Broker $1,682.00 for 1-3 DRLPs
$1,682.00 for each additional DRLP
$1,682.00 for 1-3 DRLPs
$1,682.00 for each additional DRLP
$0.00
Viatical Settlements Investments Agent $1,682.00 for 1-3 DRLPs
$1,682.00 for each additional DRLP
$1,682.00 for 1-3 DRLPs
$1,682.00 for each additional DRLP
$0.00

* Per application.

Contacts

Last Update: 9/08/2017

APPLY HERE